-PTI/ The Telegraph Senior govt official says consultations are going on with various stakeholders and changes are expected to be finalised in coming weeks New Delhi: The government is preparing to amend the insolvency law as it looks to reduce the time taken for the completion of the resolution process of stressed assets and prevent significant erosion of value of the assets, according to a senior official. Amendments to the Insolvency and Bankruptcy...
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India set to offer wheat to flour millers, biscuit makers to tame prices -Mayank Bhardwaj and Rajendra Jadhav
-Reuters/ Livemint.com Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output India is set to offer 2 to 3 million tonnes of wheat to bulk consumers such as flour millers and biscuit makers as part of efforts to cool record high prices, two government sources said, even as state reserves have dropped to the lowest in six years. Wheat prices have surged in...
More »Sharp decline in disposal, increased pendency -- how pandemic affected district courts in India -Akshat Jain
-ThePrint.in There’s been a 40% decline in disposal of cases during pandemic, a report mapping district courts’ performance showed. The study was conducted by a Delhi-based think-tank. New Delhi: The pandemic has severely affected the justice delivery system in India, causing a sharp decline in the disposal of cases, a study mapping the performance of district courts during the pandemic shows. In its latest report called ‘Data Speak: A look at the District...
More »Retail sales top pre-Covid levels in November by 15% led by footwear, jewellery -Meenakshi Verma Ambwani
-The Hindu Business Line Retailers’ Association of India pointed out that the impact of inflationary challenges on the discretionary segment was visible Retailers posted a 15 per cent growth in sales in November over pre-pandemic levels. According to the latest edition of Retail Business Survey released by the Retailers’ Association of India (RAI), this growth was led by segments such as footwear, sports goods and jewellery. The industry body, however, pointed out...
More »Ashok Gehlot Slashes LPG Cylinder Prices To Less Than Half In Rajasthan -Harsha Kumari Singh
-NDTV.com Ashok Gehlot said, "Prime Minister Narendra Modi provided the poor with LPG connections... But the cylinder remains empty, because the (cylinder) rates are now between ₹ 400 and ₹ 1,040" Jaipur: The Rajasthan government will provide cooking gas cylinders at ₹ 500 for people under the poverty line and enrolled in the Ujjwala scheme, Chief Minister Ashok Gehlot said today in a big ticket announcement ahead of next year's assembly elections....
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